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Jul 29, 2011
07/11
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the stunning events playing out in the house could mean big losses on wall street and beyond as this debt ceiling battle pushes down to the wire. for the very latest on today's trading session i'm delighted to welcome back jim cramer host of msnbc's "mad money" and jim, can i begin with the staggering news that apple company is holding more money than the government with over $76 billion and the government with $73 billion and maybe we should ask steve jobs for a handout. >> i did a piece on "mad money" last week which the thought was that the idea that maybe we should have iusa, and in other words, if apple were to put some of the skills together with the government, we would end up with a incredibly powerful government to take over china as opposed the china take us over and astounding the world with the best products. apple is an amazing company and it is not necessarily a reflection of the united states, because every company is jealous oapple, too. >> well, we have had seriously further indication of the recession not lifting anything like we thought with growth revised down for
the stunning events playing out in the house could mean big losses on wall street and beyond as this debt ceiling battle pushes down to the wire. for the very latest on today's trading session i'm delighted to welcome back jim cramer host of msnbc's "mad money" and jim, can i begin with the staggering news that apple company is holding more money than the government with over $76 billion and the government with $73 billion and maybe we should ask steve jobs for a handout. >> i...
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Jul 25, 2011
07/11
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it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter term concern. >> but the longer it goes on, one imagines the longer it affects the markets, and today, all of the markets are down? >> well, it is down, but it is a fairly benign reaction given some of the extreme assumptions of when the asian markets were opening that it is a real disaster. the markets are telling you that they have faith that something is going to get done here and you are seeing it on the equities side and the fixed income side in terms of the ten-year treasury yield, and yeah, it is down, but n
it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter...
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Jul 20, 2011
07/11
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big deal, half a loaf, mcconnell fall-back plan? are there the votes in the house of representatives to do it and that's part of what the president will have on the table when he breaks apart the congressional leaders. you know, we saw six meetings over the course of the last two weeks with the republicans and democrats assembled around the same table. they will separate them today. democrats first and republicans second. for democrats the president will need to know how much support do i have, especially when it comes to entitlement, reducing the cost of living adjustments in social security, raising the retirement age in medicare, and for republicans the question, how much support can i get from you guys to close tax loopholes, to end some subsidies, to end some tax breaks, what republicans have characterized, at least some, as raising taxes, and so far they have been dead set against that. >> let's bring in luke right now. boehner and cantor will be at the white house at 5:00 in about two hours. what do you expect from that? >> r
big deal, half a loaf, mcconnell fall-back plan? are there the votes in the house of representatives to do it and that's part of what the president will have on the table when he breaks apart the congressional leaders. you know, we saw six meetings over the course of the last two weeks with the republicans and democrats assembled around the same table. they will separate them today. democrats first and republicans second. for democrats the president will need to know how much support do i have,...
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Jul 22, 2011
07/11
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. ♪ i know we have come a long way we are changing day to day ♪ ♪ tell me why do the children play ♪ >> 11 days to a default and no deal in sight. as president obama faces downright intractable opposition in trying to push a big deal on the national debt. the foot stamping began early in the crisis with house majority leader eric cantor abruptly walking out of the debt talks with vice president biden and taking his senate colleague with him. the president and house speaker had to
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you...
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Jul 28, 2011
07/11
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ben's a re/max agent, and he's a big part of this community. there are lots of reasons why re/max agents average more sales than other agents. experience, certainly. but maybe it's also because they care about the markets they serve and the neighbors who rely on them. nobody sells more real estate than re/max. we need to decrease federal spending. we need to decrease our deficit. the last thing we need is to >>> we are following a live debate on the house floor on speaker boehner's debt bill and you may not know it, but the last country to default on the debt was jamaica in 2010. yes, jamaica, the middle income developing country with a population of under 3 million and best known for the tourism and music and island paradise and the visitors from all over the world, and it is also an island nation with one of the most abysmal debt burdens in the world. in the 2009/2010 fiscal year, jamaica's interest payments on the public debt were 45% of the government's expenditure which left hardly any room for spend on anything else. the government was fo
ben's a re/max agent, and he's a big part of this community. there are lots of reasons why re/max agents average more sales than other agents. experience, certainly. but maybe it's also because they care about the markets they serve and the neighbors who rely on them. nobody sells more real estate than re/max. we need to decrease federal spending. we need to decrease our deficit. the last thing we need is to >>> we are following a live debate on the house floor on speaker boehner's...